Transcript of "Wealth eoffice demo presentation"

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REDVision Computer Technologies Pvt. Ltd. is a diversified IT solutions company offering world class B2B application services since 2006 to help organization exceed its technological expectations in India & Abroad. Our competencies lie in Enterprise Resource Planning (ERP) Development and Maintenance. We offers a mature and seasoned team for implementing ideas in real business. The team's exposure in software implementation, Product ranges starts from Wealth Management ERP system which is currently used by more than 340 CFPs and MF Advisors across 75 cities in India who are providing professional advisory services to 92000 satisfied Online Portfolio users across the globe, which makes Wealth eoffice one of the India’s largest Online wealth management software providers, other product ranges from financial website development, Financial tickers & Financial Planning software. With diverse implementation exposures, REDVision Technologies has good grasp over Financial Domain & Technologies and quality implementations are mandatory for us.

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When you click on Show Family Wealth Report is one view wealth summary of every member in a family, its shows the individual portfolio details when you click on show button. User Friendly Reports Navigation Family Wealth Report Family Member’s Portfolio

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MF Customer Satisfaction Perceived Services Expected Services Some Fact about Customer Behavior 66% Customers are lost primarily due to indifference in Services 14% Customers are lost due to dissatisfaction 96% Customers don’t complain… they choose another advisor. The customers who feel poorly served will tell between 8 and 16 people about their negative experience. A WOW customer introduce you with at least 3 new customers. A new customer acquisition is ten times more expensive than to keep a current customer. - Bain & Company Research <ul><ul><li>Customer Expectations are Normally Not Very High </li></ul></ul><ul><ul><li>BUT…Your Job is to Surprise Them </li></ul></ul><ul><li>Customer’s “WOW” Level is :- “Doing </li></ul><ul><li>What They Haven’t even imagined”!!! </li></ul>Customer Satisfaction Determines Business Success

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LI Life Insurance Management Following Features Included in Life Insurance Management Module Enter New Policy Get Due List For LI Policies Paid Premium details of Policies Update Or Delete Policies Entered Previously Get LI Transaction details of each client Get List For LI Holders

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GI General Insurance Policy Holding Report General Insurance Management Following Features Included in General Insurance Management Module Enter New Policy Get Due List For GI Policies Enter Policy Renewal details Update Or Delete Policies Entered Previously

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<ul><li>Created with International practical Approach especially for “Indian” Clients. </li></ul><ul><li>Consulted by Team of CFPs, CAs, MBAs, having combine Work Experience of more than 100 years. </li></ul><ul><li>More focus on simplicity with comprehensiveness to address client’s need. </li></ul><ul><li>Huge plan storage capacity because you may review plan of a single client 100 times in next 10 years. </li></ul><ul><li>It’s Online: Access from anywhere any time, no geographical limitation. </li></ul><ul><li>Unique 6 Methods for Life Insurance Need Calculation. </li></ul><ul><li>Self Developed ‘PERP Method’ to calculate exact amount of monthly pension at the time of retirement. </li></ul><ul><li>Retirement Corpus utilization table to make clients comprehend the post retirement cash flow scenario. </li></ul><ul><li>Ample space to add products suggestions and recommendations in the plan. </li></ul><ul><li>PDF Conversion & storage facility. </li></ul>

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<ul><li>Primary Financial Plan </li></ul><ul><li>We are on Front Page of Financial Plan. </li></ul><ul><li>A Primary Financial Plan some thing like Diagnosis Report for a Doctor. </li></ul><ul><li>Now the Financial Planner’s work starts here, you can add recommendations, Suggestions & solutions for improvement in financial health and on different Goals, Will Creation, Asset Allocation, Life Insurance, Health Insurance, Retirement Planning etc. </li></ul>Table of Contents It will help you and your clients to view the areas covered in the financial plan. Define Fee Structure This is a part of “Letter of Understanding”, It is always recommended to agree with a client on a fee structure in various heads and signed it up to avoid any confusion in future. The Fee structure is generated along with “Letter of Understanding”, it will be saved with Financial plan, So that you can view or review any time in future.

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Suggest a Will. This page will be added when you click on the check box in the personal information under head “Suggest a Will”. Income & Expenses This is one sight view of client’s entire monthly income and expenses with pie chart. When you have to suggest on expense cutting it is always better to have a expenses distributed view for better understanding. Asset Liability & Networth Your Doctor always ask about what drugs you are already taking before prescribing new one, same way you must analyze current asset allocation and till what extend these asset can help clients in achievement of goals.

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Liabilities & Networth Analysis Liabilities Analysis sheet give a brief overview on EMI out flow, total outstanding, rate of loan and liability holder which is useful in taking various decisions regarding priority in loan repayment. The Net Worth Shows How Much Money Would be left if Everything Owned was converted into cash and used to pay off all debts. Ratio Analysis Ratio Analysis helps you in finding symptoms of Financial Disease, so that you can take corrective actions on time to improve in the same. Ratio Analysis includes 1. Reserve/Surplus Ratio 2. Saving to Surplus Ratio 3. Debt to Income Ratio 4. Liquid to Networth Ratio 5. Solvency Ratio 6. Debt Asset Ratio Asset Allocation Analysis Asset Allocation analysis forms the foundation of any financial plan. In fact, determining the right mix of stocks, bonds, cash and other asset classes may be your one of the most important investment decisions. Before reaching any concrete decision it is must to analyze what client already owned, FP Samurai provide analysis on Asset Allocation, Return Efficiency level, Expected Return Delivery, Asset Liquidity Level.

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Life Insurance Analysis A financial plan should cover all areas of your financial needs and should result in the achievement of your goals. The scope should cover areas such as risk management and insurance techniques that would protect your goals against any unforeseen calamity. We Provide 6 Methods of Life Insurance Need Calculation which gives you scope to protect Income, outstanding loans, Goals & Expenses etc. Life Insurance Recommendations Life Insurance need Calculation is like diagnosing the patient and finding the deficiencies, but main part of solution is to suggest the medicines, in same way life insurance analysis will calculate the sum assurance amount but in Recommendation section you can suggest the scheme name, type, sum assured, yearly Premium and tenure, also you can add multiple policies and reason to suggest the policy in the last. Health Insurance Analysis Health Insurance is one of the important factor of financial planning for your client. In the recent survey, it shows that India has the highest number of diabetes patients in the world. This section not only provide the health insurance need details but also give you panel to add policy details and recommendation which will be saved permanently in your desk.

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Asset Allocation Recommendations Research has shown that choosing right asset class has highest impact on returns, FP Samurai gave u featured recommendation panel which compare current asset allocation with buy/sell Action. Contingency Fund Arrangement Here FP Samurai makes difference of creating a contingency fund arrangement separate for husband & wife (if both are earnings) according to household monthly living expenses. <ul><li>Goal Plan Analysis and Recommendations </li></ul><ul><li>Goal Planning section give a separate roadmap of your each goal with Advisor’s Recommendations, Goal planning also includes “This Goal has Been PROTECTED” Seal if the goal is insured by Client. </li></ul><ul><li>Goal Planning Includes following Goals: </li></ul><ul><li>Child Education </li></ul><ul><li>Child Marriage </li></ul><ul><li>Retirement Planning </li></ul><ul><li>House & Car Planning </li></ul><ul><li>Holiday Planning </li></ul><ul><li>Self Education & other Goals </li></ul><ul><li>Retirement Planning With Post Retirement Cash Flow and Recommendations </li></ul><ul><li>Retirement is a very important Goal in Financial Planning, Client wants a fool-proof pension plan with cash flow statement till the end of life. </li></ul><ul><li>Retirement Planning Includes: </li></ul><ul><li>Find how much pension required with the help of PERP Method. </li></ul><ul><li>Gives a corpus needed to form a retirement kitty. </li></ul><ul><li>Gives Complete retirement amount utilization cash flow that will be near to zero at the end of life. </li></ul><ul><li>* Image is fade due to lack of space, please go for live demo for actual look & feel. </li></ul>Important Disclosure This section is necessary important disclosures, you can insert/edit/delete yours points also. You can also Generate Financial Plan in PDF Format by clicking on “Generate Final Report” in the last of the page. Financial Plan Storage Software has storage area with unlimited capacity which can save all Financial Plans of clients from First plan to each review and there is one click email sending panel which will send an well drafted email to your client with attached Financial Plan in PDF Format.

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Set Profit Booking Trigger Set NAV Target Trigger Set Target Date Trigger Trigger by Achievement for a particular investment <ul><li>What will happen when… </li></ul><ul><li>Your Client investing Rs.100000 for daughter’s marriage & want to switch to Bond fund when the amount grow to Rs.200000 anytime in next 5 Years, How you will remind him. </li></ul><ul><li>Your client want to redeem money when he will get profit of 20%. </li></ul><ul><li>Your client want you to remind him when the NAV of a fund reach to Rs.15. </li></ul><ul><li>Many client didn’t know that they have completed 3 Years in Tax Saving Funds (ELSS). </li></ul><ul><li>Do you remember Jan 2008 when your clients were getting huge profits but you couldn’t book it. </li></ul><ul><li>Set Triggers/ Alerts on SMS </li></ul>Automatic SMS & Email System

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January April July December You + 5 Clients You +5 +25 You +5 +25 + 125 You +5 +25 +125 + 625 Clients Online Reference System How it will Work: When your client ‘Logout’ from eoffice He Will be Asked “Are you happy with our services?” There will be 3 Options “Yes” or “No” or “Close”. If Client Click “No”, then he will reach to Feedback. If Client Click “Yes”, then these text will appear “ The Best Way to Thank Your ‘Wealth Manager’ is provide 5 references” Your Client Will type Name of his friends & mobile numbers in the given fields & Click ‘Send, his friend will get SMS:’ Every Reference contact details will be stored in you software. Automatic Lead Generation From Your Clients Get New Customers, Without Any Hard Work

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<ul><li>Q: Is my data secure? </li></ul><ul><li>A: Yes, the Linux server which is being used is SSL Secure & Certified by Cyber Security Companies like: </li></ul><ul><li>With these certification the Data is more secure even more then your PC. </li></ul><ul><li>Q: How I will Get After Sales Support? </li></ul><ul><li>A: Wealth eoffice is 100% Web based System, Queries Execute Directly From Server, So most of the time client will not have any problem but in case if Client have any Problem it Can be Rectify Without Any Physical Visit. </li></ul><ul><li>Q: I work from office as well as from home, can I work from both places? </li></ul><ul><li>A: Wealth eoffice gives you freedom to work from any part of the world, the only thing which is required is a system with internet. </li></ul>Frequently Ask Questions (FAQ)

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<ul><li>This Presentation is intellectual property of Red Vision Technologies. The text of this presentation may contain information, which is proprietary and/or confidential or privileged in nature belonging to Red Vision Technologies. The authorized recipient of this presentation are not allowed to forward/distribute it by any medium without approval/ permission of Red Vision Technologies authorized person. The recipient if not the addressee should not use this presentation if erroneously received and access to this presentation by anyone other than the addressee is unauthorized. The recipient if not the intended addressee should delete the message. The recipient acknowledges that Red Vision Technologies may be unable to exercise control or ensure or guarantee the integrity of the text of the presentation and the text is not warranted as to completeness and accuracy and is subject to change without notice. </li></ul>DISCLAIMER